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Personal Finances / Buying or Selling a Home


Subject:  Re: When can I qualify for a loan? Date:  4/27/2013  10:24 AM
Author:  TMFPMarti Number:  125182 of 128887

while he can't borrow from the Roth, after a certain time can't he withdraw his deposits without penalty?

Contributions can be withdrawn at any time without tax or penalty. Didn't you notice that I didn't address tax aspects anywhere? My far from humble opinion is that IRAs of all stripes are for retirement regardless of what shenanigans the law may allow. "Can" doesn't mean "should."

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